Technology, natural resources and banks fuel reverse convertibles rush

Technology
Reverse convertibles linked to technology companies

All but three of 17 products filed with the US Securities and Exchange Commission on March 26 are reverse convertibles, with the majority coming from UBS.

Four of the products that UBS registered with the US regulator are linked to shares in Apple, with the lowest annual coupon paying 5.02% and the highest 9.31%. Downside protection barriers range between 82% and 85%. The Swiss bank's other reverse convertibles are mostly linked to single stocks from the natural resource and energy sectors.

UBS

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here